U.S. stocks traded mixed this morning, with the Dow Jones index falling around 80 points on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.19% to 40,818.40 while the NASDAQ rose 0.05% to 17,884.96. The S&P 500 also rose, gaining, 0.01% to 5,609.04.
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Leading and Lagging SectorsHealth care shares climbed by 0.5% on Tuesday.
In trading on Tuesday, energy shares fell by 0.6%.
Top Headline
Lowe's Companies, Inc. (NYSE:LOW) reported stronger-than-expected second-quarter earnings, but revealed a decline in comparable sales and revised its FY24 outlook downward.
The company reported adjusted earnings per share of $4.10, beating the analyst consensus of $3.99. Quarterly revenues totaled $23.586 billion, missing the street view of $24.013 billion.
Lowe's revised its FY24 outlook, citing lower-than-expected DIY sales and a pressured macroeconomic environment. The company now projects total sales between $82.7 billion and $83.2 billion, down from the previous range of $84 billion to $85 billion ($84.481 billion ...
